The global market for theranostics was valued at $3.7 billion in 2023. The market is expected to grow from $4.3 billion in 2024 to $12.7 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 24.0% from 2024 to 2029.
The global market for theranostics equipment is expected to grow from $2.2 billion in 2024 to $3.6 billion by the end of 2029, at a CAGR of 9.7% from 2024 to 2029.
The global market for theranostics agents is expected to grow from $2.1 billion in 2024 to $9.1 billion by the end of 2029, at a CAGR of 34.5% from 2024 to 2029.
Report Scope:
This report provides a comprehensive summary of the theranostics market. It profiles all the major companies present in the market, including revenues, product portfolios and recent activities. It examines the competitive landscape, market trends and market dynamics such as drivers, restraints and opportunities. The report provides historic, current and projected market value. By product type, the market is segmented into theranostics equipment and theranostics agents. Theranostics equipment includes PET/CT, SPECT/CT and others; the theranostics agents studied are diagnostics and therapeutics agents. The regions considered are North America, Europe, Asia-Pacific, and the Rest of the World. The top countries in each region are also profiled. The market is also segmented by application.
Report Includes:
45 data tables and 37 additional tables
An overview of the global markets for theranostics
Analysis of trends in the global market for theranostics, with revenue data for 2021-2023, estimated figures for 2024, forecasts for 2029, and projected CAGRs through 2029
Evaluation of the current market size and revenue growth prospects specific to theranostics, along with a market share analysis by product type, application, and region
Assessment of current applications for theranostics and emerging applications such as macular degeneration, gynecology, cutaneous hypersensitivity and cardio-respiratory medicines
Identification of technological and industry trends in each market segment, as well as the manufacturers of products used in theranostics, reagents and instrumentation for theranostics research, as well as suppliers of theranostics-related services
Assessment of global R&D activity related to theranostics, resulting in the issuance of patents
A discussion of ESG challenges and ESG practices in the industry
Analysis of the key companies' market shares, proprietary technologies and strategic alliances
Profiles of the leading players, including GE Healthcare, Siemens Healthineers AG, Novartis, Lantheus and Telix Pharmaceuticals Ltd.
Table of Contents
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Chapter 2 Market Overview
Overview
PESTLE Analysis
Political
Economic
Social
Technological
Legal
Environmental
Porter's Five Forces Analysis
Bargaining Power of Buyers
Bargaining Power of Suppliers
Potential of New Entrants
Competition in the Industry
Threat of Substitutes
R&D and Regulatory Approval
The Drug Development Process
Drug Discovery
Preclinical Development
Clinical Trials
The New Drug Application Review
NDA Data Review
Clinical Trials for Theranostics
Steps Followed for Radiotherapeutics in Clinical Trials
Chapter 3 Market Dynamics
Market Dynamics
Market Drivers
Theranostics Replacing Conventional Treatment
Increased Application of Theranostics in Drug Discovery
Prevalence of Chronic Diseases is Increasing the Demand for Personalized Treatment
New Radiotheranostics Driving the Theranostics Market
Rise in Chronic Inflammatory Diseases
Cancer Epidemics in Developing Countries
Market Restraints
High Cost of Theranostics
Market Challenges
Nanotheranostics-Bio Interactions
Challenges of Radiotheranostics
Failure of Radiotherapeutics
Market Opportunities
Theranostics in Cardiovascular Diseases
Chapter 4 Emerging Technologies and Developments
Artificial Intelligence in Theranostics
Drug Delivery Using Innovative Material
Boron Neutron Capture Therapy (BNCT)
Luminogen Aggregation-Induced Emission (AIE)
Theranostics in Rheumatoid Arthritis (RA)
Chapter 5 Market Segmentation Analysis
Segmentation Breakdown
Market Analysis, by Product Type
Theranostics Equipment
Theranostics Agents
Diagnostics Theranostics Agents
Therapeutics Theranostics Agents
Market Analysis, by Application
Etiology of Cancer
Cancer Diagnosis
Cancer Therapeutics
Prostate Cancer
Neuroendocrine Tumors
Thyroid Cancer
Neuroblastoma
Other Diseases
Geographic Breakdown
Market Analysis, by Region
North America
Europe
Asia-Pacific
Rest of the World
Chapter 6 Competitive Intelligence
Strategic Analysis
Clinical Trials Analysis
Chapter 7 Sustainability in Theranostics Market: An ESG Perspective